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Genuine Parts Company (GPC) Gets a Hold from Truist Financial

Tipranks - Tipranks - Thu Apr 23, 6:34AM CDT

In a report released today, Scot Ciccarelli from Truist Financial maintained a Hold rating on Genuine Parts Company, with a price target of $124.00.

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Ciccarelli covers the Consumer Cyclical sector, focusing on stocks such as CarMax, Genuine Parts Company, and O’Reilly Auto. According to TipRanks, Ciccarelli has an average return of 16.0% and a 69.84% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Genuine Parts Company with a $134.80 average price target.

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Based on Genuine Parts Company’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.26 billion and a net profit of $188.54 million. In comparison, last year the company earned a revenue of $5.87 billion and had a net profit of $194.39 million

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